bill_gates_lover t1_j9lb1ce wrote on February 22, 2023 at 8:20 PM

Reply to comment by MissAugustMoon in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam

Most companies pay CEOs in the form of stock options after $1 million in salary. This is due to a law from the 1990s which encouraged companies to reward CEOs that perform well. Since stock value is one metric to see how well a CEO is doing, they are paid in stock, and taxed much less than if they had paid in salary. I googled it and it seems that Yuan's pay in 2021 was around $14 million.

I'm not sure why this graph doesn't show that. Maybe it's Zoom PR.

MissAugustMoon t1_j9lba6r wrote on February 22, 2023 at 8:22 PM

I see, thanks for the explanation, I appreciate it